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To: MileHigh who wrote (45062)10/17/1999 11:05:00 AM
From: Jim Willie CB  Read Replies (1) | Respond to of 152472
 
USdollar is trade weighted
buck recovered versus JYen in recent weeks
now buck is declining versus Euro

expect some support by European central banks for our dollar, or else they can kiss goodbye their hopes of exporting jackshit to our lovely stormdamaged shores

that 100 level marks a weird sort of parity
US$ tends to go below 100 during recessions
/ jim